negative
Crypto sentiment deteriorates as bitcoin retreats sharply from record peak
Bitcoin fell nearly eight percent over the week and now trades around one hundred one thousand three hundred one dollars after reaching an all-time high above one hundred twenty six thousand one hundred ninety nine dollars just last week. Ethereum declined almost thirteen percent to approximately three thousand three hundred twelve dollars.
Aggregate cryptocurrency market capitalisation remains roughly three point four nine trillion dollars while twenty four hour volume sits near one hundred sixty two point six billion dollars. Analysts blame regulatory overhang, macro liquidity tightening and levered positioning shakeouts.
Tags:
- crypto
- bitcoin
negative
Crypto sentiment deteriorates as bitcoin retreats sharply from record peak
Bitcoin fell nearly eight percent over the week and now trades around one hundred one thousand three hundred one dollars after reaching an all-time high above one hundred twenty six thousand one hundred ninety nine dollars just last week. Ethereum declined almost thirteen percent to approximately three thousand three hundred twelve dollars.
Aggregate cryptocurrency market capitalisation remains roughly three point four nine trillion dollars while twenty four hour volume sits near one hundred sixty two point six billion dollars. Analysts blame regulatory overhang, macro liquidity tightening and levered positioning shakeouts.
Tags:
- crypto
- bitcoin
1 min read
89 words
Bitcoin dropped eight percent and Ethereum nearly thirteen percent with crypto markets facing macro tightening pressure, regulatory anxiety and washout of aggressive leveraged positioning.
Bitcoin fell nearly eight percent over the week and now trades around one hundred one thousand three hundred one dollars after reaching an all-time high above one hundred twenty six thousand one hundred ninety nine dollars just last week. Ethereum declined almost thirteen percent to approximately three thousand three hundred twelve dollars.
Aggregate cryptocurrency market capitalisation remains roughly three point four nine trillion dollars while twenty four hour volume sits near one hundred sixty two point six billion dollars. Analysts blame regulatory overhang, macro liquidity tightening and levered positioning shakeouts.
Bitcoin fell nearly eight percent over the week and now trades around one hundred one thousand three hundred one dollars after reaching an all-time high above one hundred twenty six thousand one hundred ninety nine dollars just last week. Ethereum declined almost thirteen percent to approximately three thousand three hundred twelve dollars.
Aggregate cryptocurrency market capitalisation remains roughly three point four nine trillion dollars while twenty four hour volume sits near one hundred sixty two point six billion dollars. Analysts blame regulatory overhang, macro liquidity tightening and levered positioning shakeouts.
Tags:
- crypto
- bitcoin
- crypto
- bitcoin
- ethereum
- market cap
- volatility